Home > News
News
Trina Solar Announces Fourth Quarter and Fiscal Year 2013 Results
Date£º2014/3/7
March 4, 2014 - Trina Solar Limited today announced its unaudited financial results for the fourth quarter and fiscal year 2013.
Fourth Quarter 2013 Financial and Operating Highlights
- Solar module shipments were 770.1MW during the fourth quarter of 2013, compared to 774.6MW in the third quarter of 2013
- Net revenues were $525.6 million, a decrease of 4.1% from the third quarter of 2013
- Gross profit was $79.1 million, a decrease of 5.2% from the third quarter of 2013
- Gross margin was 15.1%, compared to 15.2% in the third quarter of 2013
- Cost of revenue was $446.5 million, a decrease of 4.0% from the third quarter of 2013
- Operating income was $14.1 million, an increase of 133.8% from the third quarter of 2013
- Operating margin was 2.7%, compared to 1.1% in the third quarter of 2013
- Net income was $9.6 million, a decrease of 3.5% from the third quarter of 2013
- Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) was $0.13, compared to $0.14 in the third quarter of 2013
Full Year 2013 Financial and Operating Highlights
- PV module shipments were approximately 2.58GW, compared to 1.59GW in 2012
- Total net revenues were $1.77 billion, an increase of 36.9% from 2012
- Gross profit was $218.2 million, an increase of 281.2% from 2012
- Gross margin was 12.3%, compared to 4.4% in 2012
- Operating loss was $43.8 million, a decrease of 83.5% from 2012
- Net loss for the full year was $77.9 million, a decrease of 70.8% from 2012
- Loss per fully diluted ADS for 2013 was $1.09, compared to a loss of $3.77 in 2012
Company | Download Center |Recruitment | Contact
Copyright 2009-2012 NewSun PV technology Co.,LTD.|ÔÁICP±¸15011510ºÅ